18 Jan J.B. Hunt Reports Net Income Growth of 5.4% for 2019 J.B. Hunt Transport Services Inc. on Jan. 17 reported gains in net income and operating revenue for the fourth quarter of 2019 and for the full year. Read more...
17 Jan New Jersey Gov. Phil Murphy Signs Electric Vehicle Law New Jersey Gov. Phil Murphy signed legislation Jan. 17 to support electric vehicle use and charging infrastructure in the state. Read more...
17 Jan Audit Says Household Goods Shippers Often Too Slow on Military Moves A U.S. Department of Defense Inspector General audit has concluded that the nation’s household goods shippers too often do not pick up and deliver soldiers’ personal goods in a timely manner during domestic and international moves. Read more...
17 Jan Speaker Pelosi: Highway Bill On Tap for January Comprehensive highway policy legislation will be unveiled later this month, U.S. House of Representatives Speaker Nancy Pelosi told reporters Jan. 16. Read more...
17 Jan Fiat Chrysler in Talks With Foxconn to Develop Electric Cars MILAN — Fiat Chrysler is in talks with the Chinese company Foxconn to develop and manufacture battery-powered vehicles, the U.S.-Italian automaker said Jan. 17. Read more...
17 Jan Employers Post Fewer Jobs in November WASHINGTON — The number of available jobs fell sharply in November, dropping to 6.8 million, a decline of 7.6% from the October level. Read more...
17 Jan Walmart Shuffles Leadership as Nervous Investors Await Results Walmart Inc.’s new U.S. chief wasted no time putting his stamp on the unit, appointing his former top lieutenant as second in command and parting ways with the retailer’s head of merchandising. Read more...
17 Jan Goodyear Launches VC Fund Focused on Mobility The Goodyear Tire & Rubber Co. announced a new venture capital fund, Goodyear Ventures, with $100 million targeted for new investments in future mobility solutions over the next 10 years. Read more...
17 Jan FMCSA Gives Bus Drivers Exemption From California Rest-Break Rules The Federal Motor Carrier Safety Administration has granted a petition submitted by the American Bus Association that exempts bus drivers from following California’s meal-and-rest-break rules. Read more...
17 Jan NHTSA Reviews Claims of Unintended Acceleration in Teslas The National Highway Traffic Safety Administration is evaluating allegations that Tesla Inc. vehicles contain a defect that can cause sudden unintended acceleration, according to a notice posted on the agency’s website. Read more...